We’re excited to announce two new features that improve credit and billing management for companies:
Shared Company Credit Limits
and Secondary Billing Address Email
. These updates give companies more control and flexibility, creating a smoother experience for organizations managing multiple accounts.Shared Company Credit Limits
The Shared Credit Limit feature allows all accounts linked to a company to draw from a single credit limit, making it easier to track spending and manage outstanding balances.
Key Benefits:
- Centralized Credit Management:Linked accounts share one credit limit, simplifying credit tracking across multiple accounts.
- Flexible Override Options:Admins can set custom credit limits for individual accounts when needed, offering flexibility.
- Optimized for Company Associations:Perfect for companies with linked accounts, this feature centralizes credit control across all related accounts.
How It Works:
Enable the Shared Credit Limit feature in
Settings > People > Companies
. Once activated, orders using credit-linked payment methods draw from the company’s shared credit limit. This limit can also be customized at the individual account level if needed.For more information, refer to our knowledge base article on Shared Credit Limit to learn more.
Secondary Billing for Company Accounts
The Secondary Billing feature allows companies or their admins to add a second billing contact email. This ensures that billing communications reach multiple contacts, reducing missed invoices and improving documentation.
Key Benefits:
- Improved Communication:Adding a secondary email means critical billing information reaches more people within the organization.
- Admin Flexibility:Company admins can easily add or update the secondary billing email, managing contacts without needing support.
- Ideal for Larger Teams:This feature is especially helpful for companies with large teams, ensuring billing updates reach the right people.
How It Works:
Admins can add a secondary billing email in
Settings > People > Companies
within the company profile or through Customer > Customer List > Edit Customer
. Once set, billing communications will be sent to both the primary and secondary email addresses.
Summary
These new features—
Shared Credit Limits
and Secondary Billing for Company Accounts
—simplify credit and billing management, giving companies control over how credit is shared and how billing information is distributed. Together, they support smoother operations for businesses managing multiple accounts and contacts.